Rebar and wire rod prices drop in local Chinese market

Monday, 07 June 2010 12:11:34 (GMT+3)   |  
       

 

Product Name

Specification

Category

City

Steel Plant/Origin

Price (RMB/mt)

Price ($/mt)

Weekly Change (RMB/mt)

Wire Rod

6.5 mm dia.

Q235

Shanghai

Pingxiang

4,040

592

-40

Beijing

Shougang

4,000

586

Guangzhou

Shaoguan Steel

4,160

609

-110

Average

-

4,067

595

-50

HRB335 Rebar

20 mm dia.

HRB335

Shanghai

Haixin

3,820

559

-40

Beijing

Shougang

4,140

606

-60

Guangzhou

Shaoguan Steel

4,040

592

-160

Average

-

4,000

586

-87

HRB400 Rebar

20 mm dia.

HRB400

Shanghai

Rizhao

3,850

564

-30

Beijing

Shougang

4,230

619

-70

Guangzhou

Shaoguan Steel

4,320

633

-130

Average

-

4,133

605

-77

Rebar prices in Shanghai are on theoretical weight basis, while all other prices are on actual weight basis.

All prices include 17 percent VAT.

$1 = RMB 6.83


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